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July 24 (Reuters) - Brazil's fuel-price subsidies will cost an estimated 1.3 billion reais ($256 million) a month for gasoline and 5.5 billion reais for diesel, Planning and Budget Minister Bruno Moretti said on Friday. Speaking at a press conference on the government's fiscal projections, Moretti said the measures were temporary and would be withdrawn... Continue Reading →
July 21 (Reuters) - Brazil's Pix, one of the world's most successful instant-payment systems, has become a flashpoint between Brasília and Washington as the Trump administration aims to protect U.S. firms from the model's growing appeal in dozens of countries. U.S. Trade Representative Jamieson Greer named Pix, operated by Brazil's central bank, as one of... Continue Reading →
July 16 (africa.businessinsider.com) An African island nation offered oil companies control of as much as 85% of three offshore blocks. Only two investors came forward. São Tomé and Príncipe has now reportedly rejected every bid submitted in its latest licensing round, delivering another setback to the Central African country’s decades-long search for a commercially viable... Continue Reading →
July 16 (Bloomberg) -- The US decision to hit Brazil with 25% tariffs renews a trade fight with President Luiz Inacio Lula da Silva's government just months ahead of elections, potentially influencing the outcome of a highly polarized race. While the Trump administration cited unfair trade practices for imposing tariffs on certain Brazilian goods from... Continue Reading →
July 9 (Reuters) - Brazil's government on Thursday approved the extension of a 12% tax on crude oil exports for another 60 days, a measure introduced in March amid rising oil prices linked to the Iran war. The decision was taken by Gecex, the executive management committee of Brazil's foreign trade chamber Camex, which said in... Continue Reading →
July 9 (Reuters) - Bolivia will launch technical talks next week with Brazil's state-run oil firm Petrobras on its possible return to exploration and production in the country, while the company is also willing to help restructure state energy firm YPFB, Energy Minister Marcelo Blanco said on Thursday. The government of President Rodrigo Paz is looking... Continue Reading →
July 8 (oilnow.gy) Guyana received just under US$2 billion in petroleum revenues during the first six months of 2026, according to official notifications published in the Official Gazette. The two Gazette notifications show that US$1.996 billion was deposited into the Natural Resource Fund (NRF) between January and June through profit oil and royalty payments generated... Continue Reading →
June 17 (Reuters) - Brazil will end subsidies for diesel and gasoline if the price of crude oil stabilizes around $80 per barrel due to progress toward a U.S.-Iran deal to end their conflict, the executive secretary of the Finance Ministry, Rogerio Ceron, told Reuters. Ceron said in a Tuesday interview that de-escalation in the... Continue Reading →
June 5 (Reuters) - The U.S. designation of Brazil's biggest criminal groups as Foreign Terrorist Organizations (FTOs) starting Friday is likely to increase the risks and costs of doing business in a country where gangs have had years to penetrate the formal economy. The two biggest Brazilian crime syndicates, the Comando Vermelho (CV) and Primeiro... Continue Reading →
June 2, 2026 – Petróleo Brasileiro S.A. – Petrobras informs that its Board of Directors, at a meeting held yesterday, approved the company’s adherence to the economic subvention granted to producers and importers of road‑use diesel oil in Brazil, in the amount of R$ 1.12 per liter commercialized. This subvention was established by Provisional Measure... Continue Reading →
Brazil Energy Insight 